Iceland policy rate in 2001 (2 changes)

Start of year10.77%

End of year9.60%Dec 31, 2001

Net change-117 bp0 hikes, 2 cuts

Average10.332%

Rank by level7 / 33

Changes in 2001

Date	From	To	Change
Mar 27, 2001	10.77%	10.33%	cut -44 bp
Nov 8, 2001	10.33%	9.60%	cut -73 bp

Compared with other areas at the end of 2001

Russia25%

Brazil19%

Serbia16.43%

North Macedonia15%

Poland11.5%

Hungary9.75%

Iceland9.6%

South Africa9.5%

India8.5%

Colombia8.5%

Mexico8.04%

Philippines7.75%

Norway6.5%

Chile6.5%

China5.85%

Malaysia5%

New Zealand4.75%

Czechia4.75%

Morocco4.25%

Australia4.25%

South Korea4%

United Kingdom4%

Israel3.8%

Sweden3.75%

Denmark3.6%

Euro area3.25%

Hong Kong3.25%

Saudi Arabia2.75%

Thailand2.25%

Canada2.25%

United States1.75%

Switzerland1.75%

Japan0.15%

Year-end rate over time

20268%

20257.25%

20248.5%

20239.25%

20226%

20212%

20200.75%

20193%

20184.5%

20174.25%

20165%

20155.75%

20144.5%

20135.375%

20125.375%

20114.125%

20103.875%

20099.125%

200818%

200713.75%

200613.3%

20059.97%

20047.92%

20035.16%

20025.63%

20019.6%

200010.77%

← 2000 2002 →

2001: hikes and cuts worldwide →

Daily policy-rate data compiled by the BIS. Not investment advice.